🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Zomato parent’s least flashy business may be its strongest moat

Economic Times

Economic Times · 3d ago

Zomato parent’s least flashy business may be its strongest moat

Eternal's B2B unit, Hyperpure, became EBITDA-positive in Q3FY26, marking a strategic advantage. Operating within Eternal, which also manages Zomato and Blinkit, Hyperpure enhances restaurant supply chains and is critical to Zomato's consumer services. With a consolidated net profit increase of 73% YoY and 201% YoY operational revenue growth, its integration aids Hyperpure's financial transition. Aiming for $1 billion topline within three years, Hyperpure helps optimize restaurant operations and supports Blinkit by enhancing procurement efficacy.

Related News

Did Investcorp make any money in quiet exit from legacy India portfolio firm?

VCCircle

VCCircle · 1y ago

Did Investcorp make any money in quiet exit from legacy India portfolio firm?

Bahrain-based alternative investment firm, Investcorp, has made a quiet exit from its legacy India portfolio. This marks at least its third exit move from its India portfolio this year. The asset manager entered India in 2019 through the acquisition of the private equity business of IDFC Alternatives. Details about the returns on this exit are not disclosed, but reports suggest that the returns may not be as expected.

Paytm parent’s staff costs rise 21% in a challenging year

Economic Times

Economic Times · 1y ago

Paytm parent’s staff costs rise 21% in a challenging year

- One 97 Communications (OCL) saw a 21% increase in overall employee costs to Rs 4,589 crore in FY24. - Executive Director and Group CFO Madhur Deora received a 15% hike in remuneration, taking his salary to Rs 3.6 crore in FY24. - Founder and CEO Vijay Shekhar Sharma maintained his overall remuneration at Rs 4.4 crore in FY24. - Paytm has aimed to reduce overall employee expenses by Rs 400-500 crore in the current fiscal year. - Several senior executives, including the chief business officers, COO, and CEO of Paytm Payments Bank, have exited the company recently. - Paytm is focusing on QR code payments through its sound boxes to drive its business growth.

Peak XV is far from the Sequoia tree. Can it retain its parent’s aura?

Livemint

Livemint · 1y ago

Peak XV is far from the Sequoia tree. Can it retain its parent’s aura?

Peak XV, the venture capital firm that was spun off from Sequoia India in 2023, has seen a decline in brand value since the rebranding. The firm has faced challenges with corporate governance issues at its portfolio companies and a highly competitive market. To adapt, Peak XV recently reduced its compensation structure and the size of its growth fund. However, the firm still has a strong portfolio with several successful investments, including Zomato and Cred, and remains focused on AI, fintech, and consumer sectors in India and Southeast Asia.

BigBasket’s Secret Moat, Amicus Closes $214 Mn Fund & More

Inc42 · 7m ago

BigBasket’s Secret Moat, Amicus Closes $214 Mn Fund & More

BigBasket's strategic advantage lies in its private label business, which has created a significant market moat, especially in online grocery. This positioning gives BigBasket a competitive edge over rapidly growing quick commerce rivals like Zepto, Blinkit, and Swiggy Instamart. As these competitors strive to expand, BigBasket's established private label offerings continue to enhance its market influence, reinforcing its leadership and differentiation in the online grocery sector.

Decoding Deepinder Goyal’s Plan To Make ‘District’ A Super Brand

Inc42 · 1y ago

Zomato, an online food delivery platform, is set to acquire Uber's food delivery business in India. The deal will enable Zomato to expand its presence in the "going-out" space and develop new services for its customers. The acquisition will also serve as a launchpad for Zomato's new app, District, which is expected to be released soon. Zomato aims to generate over INR 10,000 crore in Gross Order Value by the end of the 2025 fiscal year through its going-out business.

Zomato completes acquisition of Paytm’s entertainment ticketing biz

Economic Times

Economic Times · 1y ago

Zomato completes acquisition of Paytm’s entertainment ticketing biz

Zomato has completed the acquisition of Paytm's event ticketing subsidiaries, Wasteland Entertainment and Orbgen Technologies. This includes the TicketNew and Insider platforms. The deal, valued at Rs 2,048 crore, marks a strategic move for Zomato to expand its "going-out" business. During the transition period, the movie and event tickets will still be available on the Paytm app, as well as on the TicketNew and Insider platforms. Approximately 280 employees from the entertainment ticketing business will be shifting to Zomato. This acquisition is part of Zomato's efforts to diversify beyond food delivery.

Disney+ Hotstar And JioCinema Valued Higher Than Parent’s Linear TV Businesses: Report

Inc42 · 1y ago

Disney+ Hotstar And JioCinema Valued Higher Than Parent’s Linear TV Businesses: Report

EY was hired by Viacom18 for the valuation process before the merger deal with RIL and Disney's Star India. The deal, signed on February 28, will create an entity worth INR 70,352 Cr, with an INR 11,500 Cr fund infusion by RIL. Additionally, Disney is reportedly in talks to sell 60% of its Indian media business to Viacom18 for $3.9 Bn, which is lower than its value when Disney acquired it in 2019.

Zomato’s Up-And-Down Ride: Is The Stock Losing Its Charm?

Inc42 · 1y ago

Zomato’s Up-And-Down Ride: Is The Stock Losing Its Charm?

Zomato's stock value is closely tied to the growth potential of Blinkit, a quick commerce platform. The company's recent decline may be attributed to competition from JioMart and Flipkart. While Zomato has shown operational efficiency, there are concerns about its ability to bring in profits while scaling up. Tech-first business models are susceptible to changes in infrastructure and the internet ecosystem. Zomato's stock initially declined after going public but has the potential for a strong comeback.

BookMyShow, Zomato And India’s Concert Mania

Inc42 · 1y ago

BookMyShow, Zomato And India’s Concert Mania

Zomato and BookMyShow recently faced challenges with ticket scalping for popular events. Zomato's acquisition of Paytm Insider and its ticketing business may have provided insights into the value of this sector. The incidents involving Diljit Dosanjh's tour and Coldplay's concert exposed the issue of scalpers using bots to buy tickets and sell them at significantly higher prices. These incidents highlight the need for platforms like Zomato and BookMyShow to address ticket scalping and improve the user experience for live events.

Paytm To Sell Ticketing Business To Zomato For INR 2,048 Cr

Inc42 · 1y ago

Paytm To Sell Ticketing Business To Zomato For INR 2,048 Cr

Paytm's entertainment ticketing business will transfer nearly 280 employees to Zomato, allowing Paytm to concentrate on its core payments and financial services distribution business. This move comes after initial talks between Paytm and Zomato two months ago.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Sept 2025

Your Health, Simplified with Smart Care

An ecosystem for curated creative partnerships

Your Health our Priority.

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Urban Company posts Rs 383 Cr rev ...

ChatGPT maker OpenAI partners wit ...

Urban Company’s revenue jumps 42% ...

Download the medial app to read full posts, comements and news.